Tornado Global Hydrovacs Ltd Tangible Net Worth Ratio
Tornado Global Hydrovacs Ltd tangible net worth ratio. Tornado Global Hydrovacs Ltd (TGH) has a Tangible Net Worth Ratio of 58.3% as of September 2025. This metric is calculated by deducting intangible assets (CA$19.77 Million) from net assets (CA$47.38 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Tornado Global Hydrovacs Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Tornado Global Hydrovacs Ltd (2014–2024)
Tangible net worth ratio of Tornado Global Hydrovacs Ltd from 2014 to 2024. This chart shows how Tornado Global Hydrovacs Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 58.3%, reflecting net assets of CA$47.38 Million with intangible assets of CA$19.77 Million CAD. See working capital position of Tornado Global Hydrovacs Ltd to evaluate short-term liquidity relative to the company's equity base.
Tornado Global Hydrovacs Ltd Tangible Net Worth Ratio by Year (2014–2024)
Tornado Global Hydrovacs Ltd tangible net worth ratio by year from 2014 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Tornado Global Hydrovacs Ltd from 2014 to 2024, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see TGH market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.5% | CA$36.31 Million | CA$1.63 Million | CA$65.27 Million | ▼ -0.5 pp |
| 2023 | 96.0% | CA$24.34 Million | CA$974.00K | CA$47.20 Million | ▲ +1.7 pp |
| 2022 | 94.3% | CA$16.04 Million | CA$918.00K | CA$40.51 Million | ▲ +5.6 pp |
| 2021 | 88.6% | CA$12.13 Million | CA$1.38 Million | CA$25.32 Million | ▼ 0.0 pp |
| 2020 | 88.7% | CA$14.83 Million | CA$1.68 Million | CA$27.63 Million | ▲ +3.6 pp |
| 2019 | 85.1% | CA$14.99 Million | CA$2.24 Million | CA$23.83 Million | ▲ +2.9 pp |
| 2018 | 82.1% | CA$16.95 Million | CA$3.03 Million | CA$25.09 Million | ▼ -2.0 pp |
| 2017 | 84.2% | CA$17.85 Million | CA$2.83 Million | CA$22.06 Million | ▲ +8.1 pp |
| 2016 | 76.0% | CA$13.36 Million | CA$3.20 Million | CA$19.54 Million | ▼ -19.6 pp |
| 2015 | 95.6% | CA$7.05 Million | CA$312.00K | CA$8.68 Million | ▼ -4.4 pp |
| 2014 | 100.0% | CA$6.64 Million | CA$0.00 | CA$16.33 Million | — |